Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Canada - 2024
Contents:
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Canada (CIF) - 2024
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Canada (FOB) - 2022
- Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Canada
- Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Canada
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Canada (CIF) - 2024
In January 2024, the average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $13,913 per ton, falling by -17.7% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 27% against the previous month. The import price peaked at $20,370 per ton in July 2023; however, from August 2023 to January 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($20,072 per ton), while the price for China ($9,280 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Canada (FOB) - 2022
The average export price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver stood at $13,314 per ton in 2022, rising by 11% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver increased by +63.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 47%. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.4% per year.
Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Canada
In 2022, approx. 801 tons of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver were imported into Canada; picking up by 27% compared with the previous year. Overall, imports, however, saw a abrupt setback.
In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver skyrocketed to $14M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.3 | 5.8 | 6.3 | 9.0 | -1.1% |
| China | 1.0 | 0.4 | 0.8 | 2.4 | 33.9% |
| France | 0.1 | 0.6 | 0.3 | 0.9 | 108.0% |
| Vietnam | N/A | N/A | 0.2 | 0.5 | 150.0% |
| Hong Kong SAR | 0.2 | 0.2 | 0.5 | 0.4 | 26.0% |
| Taiwan (Chinese) | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Mexico | 0.5 | 0.1 | N/A | N/A | -80.0% |
| Others | 0.5 | 0.5 | 0.9 | 0.6 | 6.3% |
| Total | 11.7 | 7.8 | 9.1 | 14.0 | 6.2% |
Top Suppliers of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver to Canada in 2022:
- United States (424.3 tons)
- China (207.6 tons)
- Hong Kong SAR (43.7 tons)
- Vietnam (43.6 tons)
- France (29.1 tons)
- Taiwan (Chinese) (16.5 tons)
- Mexico (1.0 tons)
Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Canada
In 2022, overseas shipments of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver decreased by -86.1% to 40 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 589% against the previous year. As a result, the exports attained the peak of 333 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver fell rapidly to $535K in 2022. In general, exports saw a perceptible slump. The most prominent rate of growth was recorded in 2020 when exports increased by 349%.
| Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.5 | 2.7 | 3.4 | 0.5 | 0.0% |
| Indonesia | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 0.6 | 2.7 | 3.5 | 0.5 | -5.9% |
Top Export Markets for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver from Canada in 2022:
- United States (39.4 tons)
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